Data Scientist (Insurance)

Data Scientist (Insurance) page is loaded

Data Scientist (Insurance)

Apply locations Lloyd's UK: London time type Full time posted on Posted 2 Days Ago time left to apply End Date: April 10, 2025 (30+ days left to apply) job requisition id R3411

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s are seeking to recruit a Data Scientist (Insurance) to deliver analytics, tools and insights to enable effective risk-based oversight and drive continuous improvement in market performance.

Principal Accountabilities

1. Work with the Senior Manager and colleagues in Portfolio Analytics to develop methodologies, tools and controls that allow Lloyd’s to efficiently and effectively oversee the market.
2. Lead analytical and data related projects that help manage the performance of the Lloyd’s market.
3. Develop new methods for understanding performance to enable better forward-looking assessments.
4. Develop methods of measuring and targeting a sustainable portfolio mix for Lloyd’s taking into account risk vs reward and the Market’s strategic direction.
5. Drive increased insight of Lloyd’s portfolio composition and identify areas for oversight and opportunity through quantification, modelling and original analysis and further development of the Lloyd’s Model Portfolio.
6. Help Portfolio Analytics to become the go-to place for data and analytics in Markets.
7. Act as data subject matter expert for the market data returns used by Underwriting to assess performance.
8. Lead on initiatives to improve data quality, insight, alignment and rationalisation across Underwriting.
9. Manage and lead the automation of quarterly BAU processes:
10. Risk Based Oversight – which analyses performance trends by class of business.
11. Underwriting Risk Appetite reporting which monitors whole market performance.
12. MI for Markets Executives.
13. Contribute to cross-functional collaboration, in particular with Finance, Predictive Analytics, Capital and Data.

Skills Knowledge and Experience

1. Intermediate to advanced knowledge of statistical and data science techniques including modern statistical languages such as R and Python.
2. Data manipulation and analysis in R and/or Python.
3. Building visualisation tools such as Qliksense, Tableau and/or Power BI.
4. Understanding of analytical methods and up to date knowledge of data science.
5. Solid insurance knowledge including Lloyd’s, London Market & International Markets.
6. Engagement with senior stakeholders and managing expectations.
7. Driving change, building models, introducing controls, improving processes, implementing systems, encouraging adoption and working cross functionally.
8. Established analytical and quantitative capabilities; programming and data modelling skills.
9. Ability to problem solve and identify and implement process improvements.
10. Time management and communication skills to effectively field competing priorities.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link;

Application Support Link

Please note, clicking on this link does not register your application for the vacancy

About Us

Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.

We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve.

We will develop a talent pipeline that provides us with the key capabilities we will need for the future.